Business Studies, asked by Banku2765, 1 year ago

Q Difference between nominal partner and partner by holding out?

Answers

Answered by Talentedgirl1
3

Answer:

Nominal partner is a partner who allows the use of his/her name by a firm but does not contribute to its capital. He does not share the profits or losses of the firm.

Explanation:

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Answered by BrainlyAllRounder
3

Answer:

Nominal partner is a partner who allows the use of his/her name by a firm but does not contribute to its capital. He does not share the profits or losses of the firm.

Explanation:

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